SolarWorld Solar Panels Power Largest Array for Nevada School

HILLSBORO, Ore. --(Business Wire)--

Faith Lutheran Middle School & High School, the largest private school
in Nevada, is now home to the state's largest school-based solar array.
The 1.11-megawatt system, unveiled at the school's 39-acre Las Vegas
campus this fall, features more than 4,000 solar
panels from SolarWorld,
the largest U.S. solar manufacturer for more than 35 years. Designed and
installed by SolarWorld Authorized Installer Bombard Renewable Energy of
Las Vegas, the installation demonstrates growing demand for rooftop and
carport solar installations in a state often associated with sprawling,
utility-scale desert solar farms.

Although Faith Lutheran launched its solar installation in 2011, with a
100-kilowatt array on the roof of a classroom and administrative
building, he project blossomed in October when the school installed
more than 900-kilowatts of SolarWorld solar panels on its student
center, maintenance facility and atop a 341-space carport structure
custom-engineered by Bombard Renewable Energy. Faith Lutheran
administrators expect to offset about half of the school's annual power
needs with clean energy generated by the array and save about $140,000 a
year on utility costs.

The project was funded through NV Energy solar rebates and the Federal
Renewable Energy Investment Tax Credit. Bombard Renewable Energy will
own, operate and maintain the solar array for five years under a power
purchase agreement with Faith Lutheran.

"This project helps reduce our energy costs and provide covered parking
for our faculty and students, but more importantly, it allows Faith
Lutheran to be among the leaders in clean energy in southern Nevada,"
said Dr. Steve Buuck, Faith Lutheran's chief executive officer.

"Ever-growing energy needs, supportive state policies and, of course,
some of the most abundant sunshine in the country combine to make solar
an attractive investment for both nonprofit and for-profit businesses in
Nevada," said Kevin Kilkelly, president of SolarWorld Americas. "We are
pleased to help meet that demand with SolarWorld's high-quality,
American-made solar panels and, thanks to our installation partner
Bombard Renewable Energy, 100 percent local labor."

Bombard Renewable Energy became a SolarWorld Authorized Installer in
2012. The company has installed more than 50 MW of solar systems in and
around Nevada, including dozens for nonprofit organizations and schools.
"Although Nevada's massive utility-scale developments often grab the
headlines, the state also ranks among the top 10 in the U.S. for
commercial solar installation," said Chris Brooks, director of Bombard
Renewable Energy. "Faith Lutheran School, with its dual emphasis on a
financial and environmental bottom line, is representative of the kinds
of businesses and institutions embracing solar in growing numbers across
the Silver State."

SolarWorld manufactures solar power systems and in doing so contributes
to a cleaner energy supply worldwide. The company, located in Bonn,
employs about 3,000 people and carries out production in Freiberg,
Germany, and Hillsboro, Oregon, USA. From raw material silicon to the
solar module, SolarWorld manages all stages of production ? including
its own research and development. Through an international distribution
network, SolarWorld supplies customers all over the world with solar
modules and complete systems. The company maintains high social
standards at all locations across the globe and has committed itself to
resource- and energy-efficient production. SolarWorld has been
publically traded on the stock market since 1999 and is quoted in the
technology index TecDax. SolarWorld achieved sales of about 1 billion
Euros for the fiscal year 2011.